Honeywell to Buy UK's Novar for \$1.5 Bln  LONDON (Reuters) - Diversified U.S. manufacturer Honeywell  has agreed to buy Novar Plc, a British industrial holding  company, for 798 million pounds (\$1.53 billion), a source  familiar with the situation said on Sunday. 
Is this a piece of news regarding world politics, sports, business, or science and technology? 